ALROSA MOVE
February 1st, 2004
BY MARK ROWE
THE RUSSIAN diamond producer ALROSA has obtained a license for exploring diamond deposits in the Irkutsk region of eastern Siberia around lake Baikal. ALROSA has traditionally mined the northern province of Yakutia since the 1940s but those deposits are understood to be nearing depletion. Authorisation was granted by Russia's natural resources minister Pyotr Sadovnik, and follows seven years of lobbying by ALROSA for the Irkutsk licence.
THE RUSSIAN diamond producer ALROSA has obtained a license for exploring diamond deposits in the Irkutsk region of eastern Siberia around lake Baikal. ALROSA has traditionally mined the northern province of Yakutia since the 1940s but those deposits are understood to be nearing depletion. Authorisation was granted by Russia's natural resources minister Pyotr Sadovnik, and follows seven years of lobbying by ALROSA for the Irkutsk licence.
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